Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-05-19

ger train was run to the end Of the track,
twenty-four miles, on Sunday. The COM
pany has full equipment to operate
the road the day it is completed. The
mortgage on $50 miles, at $4,000 per
mile, has been recorded at Fort Worth,
Granbury, Stephensville, Comanche,
Brentwood and Coleman, the county
seats OF the counties the road will pass
/ through; the loan, 81 $50 900, is from the
! Kuickerbocker Trust Company of New
! York. The company proposes to build
to San Angelo, in Tom Green county,
before making its first stop. The final
terminus of the road is the deep-water
harbor of Topolotampo, on the Mexico
coast, bosdering the Gulf of California.
On November II the first meeting was
held in Fort Worth to raise a $4,000
subsidy for the road, and now the track is
laid twenty-five miles, full equipment is
in Fort Worth and 100000 has been eX-
pended. The Vanderbilt interests are
said TO be behind the corporation.
~
Several days ago the committee having
in charge the matter of securing the right
of way for the St. Louis, Arkansas and
Texas through Dallas and part of Tar
rant county reported that it would cost
between $50, ZOO and $40, 1000. The work |
of raising this amount of money was at |
once begun and, after that was we'll under |
way, the bond Yves taken in hand. In |
short time four names were to the bond |
of men who are worth 100000, but |
it was determined to make it Jumbo !
bond and for that reason thirty names |
were required. Last night the thirty
names Of men worth S4,-
President Fordyce was lelegraphed that
Colonel Peter Smith to meet Colonel w.
2. Holman at TeXarksna, deliver the
bond and arrange details. Grapevine has
brought in her bond and it too is in
Colonel Smiths possession. There was
a slight hitch in Collin county, which was
however easily overcome. 1t was de-
sired by Wildwood and Wylie that a
change in the line be made and before q
decision was reached both places with
Plano had signed the right of way
bond for Collin county. The en-
gineers found it would not do
to change the line and Plano was left
alone to guarantee the entire right of
way in Collin county. PluCky Plano and
generous GreenVille divided the extra OBJ
legation, however, and Greenville having
her bond the entire matter is {;
settled. To-day, if Colonel Homan does ;
not come to Fort Worth, Colonel Smith
and representatives from Greenville
and Plano Will 60 to Texarkans,
deliver the bonds of the four places, and
the thing will be closed. The st. Louis,
Arkansas and Texas is as THE GAZETTE J
has said before, strictly business, and has .
fully determined TO commence construc-
ton in Hunt county at once, and push
the road to completion by September l ,
Or 10. This road will be one of the finest J
in the state. 1t hath not entered into :
the mind of man to conceive of a :
finer agricultural section, and the road )
will by this extension reach four cities {
any trunk line would be glad to have on .
is route. Greenville, Plano, Grapevine :
and Fort Worth are happy, and they de- ,,
serve to be. They send greeting I
% the famous Cotton Belt Road,
md assure it that vast quantities {
If freight will pass over the :
lew line. The time allowed the :
our places in which to do the work re- {.
Iuired was limited, but determination :
md perseverance has accomplished all =
hat was necessary. Fort Worth will :
axe occasion at an early day to become :
much better acquainted with our cousins :
# Hunt and Collin than at present. The :
flclals Of the st. Louis, Arkansas and =
'eXas can rest assured that the great y
alue Of the road is realized.